European Horizons

Evogene Ag-Seed Division Awarded Prestigious €1.2M Horizon Grant to Develop Oil-Seed Crops with High CO2 Assimilation and Drought Tolerance

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星期二, 五月 9, 2023
Computational biology, Business development, Food, EU, Microbiology, Climate, Max Planck Institute for Terrestrial Microbiology, Seed, Atmosphere, Agricultural Academy, Agriculture, Max Planck Society, EVP, Research, Division of Industrial Hygiene, Risk, Carbon, Science, Biochemistry, Plant, Chemistry, European Horizons, Climate change, Metabolism, TASE, Engineering, European, Water, Max Planck, EIC, In Society, Horizon, Biomass, Water resources, Synthetic biology, Renewable energy, Evogene

REHOVOT, Israel, May 9, 2023 /PRNewswire/ -- The Ag-Seed Division of Evogene Ltd. (Nasdaq: EVGN) (TASE: EVGN) ("Evogene"), a leading computational biology company targeting to revolutionize life-science product discovery and development across multiple market segments has announced that it has been granted a prestigious EU Horizon grant of €1.2 million, to support the creation of oil-seed crops that have high carbon-dioxide assimilation and enhanced drought tolerance. The project, Crop4Clima, has an overall budget of €2.5 million and is expected to be executed over 32 months. This grant follows the successful completion of the FutureAgriculture Consortium's proof-of-concept in 2021, which demonstrated the potential for increased agricultural productivity and environmental sustainability.

Key Points: 
  • In addition, it enables the saving of scarce water resources and improved plant tolerance against drought conditions.
  • Results showed increased carbon-dioxide assimilation by plants, combined with improved drought tolerance and plant productivity.
  • The €1.2 million grant awarded to Evogene will cover Evogene's estimated costs to participate in this program.
  • The proof of concept is further validated by our consortium winning the prestigious European Horizon grant, whose goal is sustainable agriculture.